Welcome Stockaholics!

We are a new and fast growing financial forum! Sign up for free and let's talk stocks!

  1. Do you want to help develop this community? We are looking for contributions from investors and traders like you! What stocks do you follow? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing financial forum!
    Dismiss Notice
  2. You will notice a live chat widget on the right. Click in to join us and lets hear about how you nailed that last UWTI trade!
    Dismiss Notice

WSR - Washington Prime Group Inc.

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Marvan, Jun 12, 2019.

  1. Marvan

    Marvan Member

    Joined:
    Mar 16, 2019
    Messages:
    259
    Likes Received:
    23
    Washington Prime Group Inc is a retail REIT and a recognized leader in the ownership, management, acquisition and development of retail properties.

    The Company combines a national real estate portfolio with an investment grade balance sheet, leveraging its expertise across the entire shopping center sector to increase cash flow through rigorous management of assets and provide new opportunities to retailers looking for growth throughout the U.S.

    Washington Prime Group and Shelby's Sugar Shop are registered trademarks of the Company. Trademark and patent registrations for Tangible are currently pending.

    http://www.washingtonprime.com/
     
  2. Marvan

    Marvan Member

    Joined:
    Mar 16, 2019
    Messages:
    259
    Likes Received:
    23
  3. Marvan

    Marvan Member

    Joined:
    Mar 16, 2019
    Messages:
    259
    Likes Received:
    23
    Washington Prime Group Inc. (NYSE:WPG), which is in the reits business, and is based in United States, saw significant share price movement during recent months on the NYSE, rising to highs of $5.65 and falling to the lows of $3.99.

    Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price.

    A question to answer is whether Washington Prime Group's current trading price of $4.21 reflective of the actual value of the small-cap? Or is it currently undervalued, providing us with the opportunity to buy?

    Let’s take a look at Washington Prime Group’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change.

    Great news for investors – Washington Prime Group is still trading at a fairly cheap price.
    My valuation model shows that the intrinsic value for the stock is $6.22, which is above what the market is valuing the company at the moment.

    This indicates a potential opportunity to buy low.

    Another thing to keep in mind is that Washington Prime Group’s share price may be quite stable relative to the rest of the market, as indicated by its low beta.

    This means that if you believe the current share price should move towards its intrinsic value over time, a low beta could suggest it is not likely to reach that level anytime soon, and once it’s there, it may be hard to fall back down into an attractive buying range again.

    https://uk.finance.yahoo.com/news/us-4-21-time-put-163820892.html
     
  4. Marvan

    Marvan Member

    Joined:
    Mar 16, 2019
    Messages:
    259
    Likes Received:
    23
    COLUMBUS, Ohio, Aug. 02, 2019 (GLOBE NEWSWIRE) -- Washington Prime Group Inc. (WPG) today announced that the Company’s Board of Directors declared a quarterly cash dividend on its common shares and operating partnership units.

    A cash dividend of $0.25 per common share and operating partnership unit was declared. The dividend is payable on September 16, 2019 to shareholders and operating partnership unit holders of record on September 3, 2019.

    https://finance.yahoo.com/news/washington-prime-group-board-directors-200200735.html
     
  5. Marvan

    Marvan Member

    Joined:
    Mar 16, 2019
    Messages:
    259
    Likes Received:
    23
    Washington Prime Group Inc. (WPG) today announced that The RoomPlace has opened at Lincolnwood Town Center, replacing a former Carson Pirie Scott (Bon-Ton Stores) location.

    The beautifully-designed 84,000 SF space, which is highlighted by a large atrium, occupies two floors and combines three brands – The RoomPlace, The MattressPlace and RP Outlet. This location marks The RoomPlace’s largest store to date.

    https://finance.yahoo.com/news/roomplace-opens-two-story-84-123703078.html
     

Share This Page